1974 the Multi Fibre Arrangement (MFA) and the Daewoo of South Korea Textile industry in Bangladesh
t-shirt quality checking in ready made garment factory of bangladesh starting in 1974 multi fibre arrangement (mfa) in north american market ensured trade in textiles , garments remained regulated in world. among other things mfa set quotas on garments exports newly industrialising countries of asia, had exceptions, notably state of bangladesh. entrepreneurs quota-restricted countries south korea began quota hopping seeking quota-free countries become quota-free manufacturing sites. export-oriented readymade garment industry emerged @ time. daewoo of south korea entrant in bangladesh, when established joint venture on 27 december 1977 desh garments ltd. making first export oriented ready-made garment industry in bangladesh. after 1 year in 130 desh supervisors , managers received free training daewoo in production , marketing @ daewoo s state-of-the-art ready-made garment plant in korea, 115 of 130 left desh garments ltd. , set separate private garment export firms or began working o...